Venture Global announced the execution of two long-term Sales and Purchase Agreements (SPAs) for the purchase of two million tonnes per annum (2MTPA) of liquefied natural gas (LNG) for 20 years Under the agreements, Chevron U.S.A. Inc. will […]
U.S. energy supermajor ExxonMobil has become QatarEnergy’s third international partner in the North Field East (NFE) expansion project after TotalEnergies and Eni joined earlier this month. With this deal, Exxon committed to helping further develop […]
Saudi developer, investor, and operator of power generation, desalinated water, and green hydrogen plants ACWA Power has signed a project agreement to develop a 1.1GW wind project in Egypt with an investment value of $1.5 […]
The nation’s capacity to refine crude oil into fuel and other products fell below 18 million b/d at the beginning of 2022 and hit its lowest level since 2014, according to the federal government’s annual […]
ENB Publishers Note: This is one of the most critical (pun intended) points of securing our nation’s ability to control its renewable future. Having had the chance to work with some of the smartest economists […]
Responding to President Joe Biden’s call for an explanation of soaring petroleum prices and surging industry profits, oil and gas executives will visit the White House tomorrow for an emergency meeting with Energy Secretary Jennifer […]
Crude oil futures were sharply lower in mid-morning trade in Asia June 22 as a brief rebound in the previous session proved short-lived, with fears of demand destruction and a global economic slowdown still gripping […]
After a precipitous fall at the beginning of the war in Ukraine and the imposition of large-scale Western sanctions, the Russian ruble has surged back over the past two and a half months. From 120 […]
What exactly do you pay for when you buy fuel? Well, that depends on whether you’re purchasing regular gasoline or diesel, according to the U.S. Energy Information Administration’s (EIA) latest gasoline and diesel fuel update. […]
President Joe Biden reiterated his ire toward oil industry officials, verbally sparring with Chevron Corp. Chief Executive Officer Mike Wirth just days before administration officials and oil executives are set to discuss how to bring […]
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